Property Detail

Description

 Price: $ 3,499,999.00 MLS®: C12843388         Location : 531 Delaware Avenue N, Toronto C02, ON M6H 2V3

Prime downtown Toronto investment awaits in this well maintained 6-plex featuring four spacious two bedroom two bathroom units with separate in suite laundry and smart functional layouts that attract reliable tenants plus a versatile laneway house offering bonus living space for additional income or flexible use for a total of 6 legal units. Built in 2022 this property is NOT subject to rent control, delivering an impressive over 5 percent cap rate with all professional AAA tenants in place for a true set it and forget it stabilized asset that generates strong predictable cash flow. Underwriting documents, detailed financials, rent rolls, and supporting supplements are available for review. This rare opportunity in one of the city's most desirable urban cores won't last, don't let it pass you by!

Location Description

Dovercourt Rd / Dupont St

Property Details
  • Community: Wychwood
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 10
  • Bath: 10
  • Garages: None
Building Features
  • Foundation Type: Concrete
  • Construction Material: Stucco (Plaster)
  • Total Parking Space: 1
Features
  • Heating: Forced Air Gas
  • Sewer: Sewer ,
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Listing Contracted With: Royal Lepage Real Estate Associates

Profile

Neerajan Vijayakanthan

Realtor®